24, HIGH STREET, REEPHAM, LINCOLN, LN3 4DP - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 HIGH STREET is a very small extended detached house of 61m², built sometime between 1950 and 1966. It was last sold for £195,000 in June 2022, which was around 30% below the average June 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

24 HIGH STREET Sold Prices

Land registry data shows two sales for 24 HIGH STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 24 HIGH STREET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 21 JUN	£195,000	£279,524	30% below HPI
2000 18 DEC	£41,000	£80,028	49% below HPI

24 HIGH STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 24 HIGH STREET sales from December 2000 and June 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2000 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 24 HIGH STREET?

24 HIGH STREET is 61m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 24 HIGH STREET lies on this distribution: 3% of detached houses are smaller than 24 HIGH STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Reepham.

24 HIGH STREET: Plot and Title Map

24 HIGH STREET sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 24 HIGH STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 HIGH STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 HIGH STREET?

24 HIGH STREET is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 24 on HIGH STREET.